Question

you decided to move from dyersburg, tn to murfreesboro, tn. based on the percent change for utilities from the cost of living calculator, how much can you expect to pay for utilities in murfreesboro if you paid an average of $135.42 for utilities in dyersburg? where do you live? dyersburg, tennessee where do you want to live? murfreesboro - smyrna, tennessee whats your salary? $52000 based on your current salary and lifestyle in dyersburg, your murfreesboro - smyrna salary would need to be: $52,988 which is 2% ↑ cost of living breakdown these categories are auto - filled based on an average of what people spend. type in your own numbers for a more accurate comparison. category increase ↑ / decrease ↓ rent housing utilities food transportation health care lifestyle 1% ↓ 12% ↑ 10% ↑ 2% ↓ 6% ↑ 4% ↑

Explanation:

Step1: Identify the percent - change for utilities

The percent - change for utilities is 12% increase.

Step2: Calculate the new cost of utilities

The formula for calculating the new amount after a percentage increase is $A = P(1 + r)$, where $P$ is the original amount and $r$ is the rate of increase. Here, $P=\$135.42$ and $r = 0.12$.
$A=135.42\times(1 + 0.12)$
$A=135.42\times1.12$
$A = 151.6704\approx151.67$

Answer:

$151.67$